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Cyprus wakes to bailout hangover
This post has been updated and corrected. See the notes below and at the bottom for details.ATHENS -- Defending a last-resort deal with international lenders, bleary-eyed officials on Cyprus said Monday that they had managed to avert a devastating default for the tiny Mediterranean nation and kept it from being forced out of Europe's single-...Tags: Russia, Dmitry Medvedev, Nicosia (Cyprus), Cypriot Banking Crisis (2013), Economy, Business and Finance
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From the Right: Cyprus debt solution is downright scary
Cyprus is a very small nation in the eastern Mediterranean. It has a long history of battling for survival against land-grabbing invaders. It has a population only six times greater than what we have in Imperial County. We share something in common:...
Tags: Christianity, International Monetary Fund, Cypriot Banking Crisis (2013), Religion and Belief, Government Debt
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Cyprus locked in tense talks with international lenders
ATHENS -- Officials from Cyprus and international lenders were locked in long and tortuous talks Sunday, trying to strike a deal on a rescue plan that would keep the island’s failing banks from collapsing while maintaining membership in Europe&...
Tags: Nicosia (Cyprus), Cypriot Banking Crisis (2013), European Central Bank, Economy, Business and Finance, Central Bank
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Cyprus faces Monday deadline to find $7.5 billion
ATHENS -- The clock began ticking for Cyprus on Thursday when the European Central Bank warned the beleaguered country that it had until Monday to find $7.5 billion needed to qualify for a financial bailout. The stern ultimatum that the European Central...Tags: Dmitry Medvedev, Nicosia (Cyprus), Cypriot Banking Crisis (2013), European Parliament, Finance
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Cyprus, creditors reach draft deal for avoiding economic collapse
ATHENS — After hours of tortuous threats and talks, Cyprus reached a draft deal with its international lenders Monday to keep the island’s failing banks from collapsing and its economy anchored to Europe’s single currency....Tags: Nicos Anastasiades, Nicosia (Cyprus), International Monetary Fund, Cypriot Banking Crisis (2013), European Central Bank
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MarksJarvis: Cyprus crisis keeps investors on edge
We've been here before. It's a weekend reminiscent of the jittery past year. Investors are on edge as they gaze at political leaders across the Atlantic for assurances they will extend a last-minute bailout to a struggling European country and...Tags: Citigroup Incorporated, Cypriot Banking Crisis (2013), Finance, Mario Draghi, European Central Bank
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Fed stands by stimulus, sees stronger US economy
WASHINGTON (AP) — The Federal Reserve isn't yet convinced that the U.S. economy's growth can accelerate without the Fed's drive to keep borrowing costs at record lows. It wants to see sustained improvement. That was the message Fed officials...
Tags: Federal Reserve, Washington, DC, Ben Bernanke, Prices, Social Security
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Cyprus scrambles to put together bailout package
ATHENS -- Racing against time and short on choices, Cyprus on Friday moved to vote on yet another bailout formula its government cobbled together to secure a $13-billion international lifeline that will keep its weak banks afloat and avert a devastating...
Tags: Russia, Parliament, Cypriot Banking Crisis (2013), Elections, Chinua Achebe
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10 Things to Know for Today
Your daily look at late-breaking news, upcoming events and the stories that will be talked about today: 1. OBAMA HEADS TO WEST BANK The president is meeting with Abbas about the peace process, as rockets were launched into Israel today. 2. WHAT...Tags: NBC (tv network), American Academy of Pediatrics, Library of Congress, Jimmy Fallon, European Central Bank
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The Cyprus confusion
WASHINGTON -- Logically, what happens in Cyprus should stay in Cyprus. With a population of just over 1 million and an economy that's a mere 0.2 percent of the 17-nation eurozone, the country seems too small to matter on the world stage. Yet, that's where...Tags: Angela Merkel, Cypriot Banking Crisis (2013), Economic Indicator, Economy, Business and Finance, Gross Domestic Product
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Could tiny Cyprus trigger collapse of the Eurozone?
It’s being marketed as a one-time tax -- a civic donation to the nation’s financial stability. But the people of Cyprus know it by another name: expropriation. A government plan to siphon as much as 10% from individual bank deposits to co-...
Tags: Cypriot Banking Crisis (2013), Elections, Mario Draghi, European Central Bank, Foreign Exchange Market
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Cyprus seeks compromise in banking dispute
ATHENS -- Scrambling to stave off a chaotic government default and exit from Europe’s single currency club, Cyprus’ beleaguered government on Tuesday proposed a revised plan to shield small account holders from a divisive tax on bank accounts,...
Tags: Russia, Nicosia (Cyprus), Elections, Cypriot Banking Crisis (2013), National Government
Mar 25, 2013
|Story| Los Angeles Times
Mar 25, 2013
|Column| Imperial Valley Press Online
Mar 24, 2013
|Story| Los Angeles Times
Mar 21, 2013
|Story| Los Angeles Times
Mar 24, 2013
|Story| Los Angeles Times
Mar 24, 2013
|Column| Chicago Tribune
Mar 22, 2013
|Story| Petoskey News
Mar 22, 2013
|Story| Los Angeles Times
Mar 21, 2013
|Story| Aberdeen News
Mar 20, 2013
|Column| Orlando Sentinel
Mar 20, 2013
|Story| Los Angeles Times
Mar 19, 2013
|Story| Los Angeles Times
Original site for Cyprus topic gallery.
